Further Education Funding

University funding is no longer a low cost option (it probably never was) – things to consider include Accommodation Costs, Tuition Costs, Living Costs, Transport for the Student and Transport for the rest of the family who would like to see them. It has become a Key Event that needs financial planning.

Some courses last for 3 years – some are longer – then there are the incidental costs of special equipment, computer equipment, books and things to make student life a little easier – they also have a habit of attaining significant birth dates such as 18 and 21 when they are away.

The first step is to calculate how much you expect to need each year – then decide whether this will come out of the household income or whether some other funding plan needs to be put in place. Do you have time to plan or is the event upon you? Can you sort it out or would you like some help?